Bahrain Interest Rates

The Bahraini economy with a population of 791 thousand (Est 2008) ranks 106th in the world with a GDP PPP of 26.97 billion. Bahrain Banks offer deposit rates in the local currency which is the Bahraini dinar as well as foreign currencies including the US Dollar, Sterling Pound or Euro. Bank deposits that are held for a fixed time period or term are called fixed deposits in Bahrain. According to CIA.gov its inflation was 7% in 2008 and 3% in 2009.

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Bahrain Bank Interest Rates

Showing rates for 10 Bank deposit providers in Bahrain.
Bank Branch Founded Ownership
National Bank of Bahrain National Bank Of Bahrain 26 1957 Local
Ithmaar Bank Ithmaar Bank 17 1982 Foreign
Bank of Bahrain and Kuwait Bank Of Bahrain And Kuwait 16 1971 Local
HSBC Bahrain HSBC Bahrain 7 1959 Foreign
Al Baraka Islamic Bank Al Baraka Islamic Bank 6 1984 Local
Citibank Bahrain Citibank Bahrain 3 1996 Foreign
Arcapita Arcapita 1997 Local
Gulf Finance House Gulf Finance House 1999 N/A
United Gulf Bank United Gulf Bank 1980 Local
Citi Islamic Investment Bank Citi Islamic Investment Bank 1996 Foreign

Bahrain Discussion Activity

  • Deposits
    Q: How much is my outstanding savings amount in the bank?

    Venus D.Bunagan from Bahrain
  • Ithmaar Bank
    Q: The procedure to transfer the money from my account. In ithmar bank ONLINE?

    Imaadeldin from Manama, Bahrain
  • Ithmaar Bank
    Q: Do you have a service of money transfers in US$ to UAE banks, if so, what's the exchange rate of the US$ and what will be the Bank's charges ??? What's the time period it taked to reach there...?

    Abdul Wahed from Bahrain